Cullman Savings Bank opened its doors in 1887 as Cullman Building & Loan with the same intentions as it has today, to make Cullman a better place for all who live here.
“We want to do things for the betterment of the community,” said President and CEO John Riley. “Whether it’s funding scholarships for students who may not be able to go to college any other way, helping a new business get its start or supporting local nonprofits, our goal is to invest in the people who make Cullman great.”
Through the Cullman Savings Bank Foundation, the Bank has contributed hundreds of thousands of dollars to local nonprofits, area schools and countless local organizations. Last year alone, over 50 scholarships were awarded to Wallace State students, helping them achieve their educational goals. During Covid, the Bank wanted to help the local restaurants that were suffering and over several weeks, purchased meals and gave them to local residents.
“It’s just the way we do business,” Riley said. “We invest in our community. We are proud of the role we play in contributing to the growth of the community we serve. Through partnerships with local businesses and nonprofit organizations we are able to make a difference in people’s lives.”
VP of Marketing Clara Kent and Executive VP & COO T’aira Ugarkovich echoed that sentiment. “Our mission is about people, not just banking,” Kent said. “Cullman is our home, and we want to see it thrive.”
The Bank’s employees are also hands-on in the community, whether serving on boards, volunteering at and supporting local events, or even handing out free ice cream at a local ice cream shop.
An example of the Bank’s innovative way of investing in the community is the addition of the Flying Fifty building, which houses the Bank’s new drive-through location. The building was the vision of Riley, along with the Board of Directors. They not only wanted their customers to have an easy access drive-through, they wanted to give the entire community a place they could enjoy. Additionally, it is the perfect place for visitors to experience the unique character of Cullman. The building is home to The Flying Fifty Hotel, Jubilee Coffee and Wine Bar, Seven Daughters Scoops and Sipsey Winery.
Whether helping customers, supporting local schools or strengthening community programs, Cullman Savings Bank continues to put people first. It has been a trusted cornerstone of the community since 1887. More than just a bank, Cullman Savings Bank is a dedicated partner in building a better future for Cullman County.
Cullman Savings Bank has an active presence on social media, where it shares events and engages with the community.
Find the Bank on Facebook at www.facebook.com/cullmansb.
Follow on Instagram at www.instagram.com/cullmansavingsbank.